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The numbers don’t lie: The housing crisis is not caused by a supply shortage
(www.policyalternatives.ca)
this post was submitted on 06 Feb 2026
133 points (97.8% liked)
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If you just have policies and leave it to private companies, you end up with Vancouver.
Where we have tons of policies and initiatives for affordable housing that only result in private developers stopping construction until the price has increased enough for them to profit, and then abusing loopholes to reduce/remove the amount of affordable housing in the actual building.
E.g. during the post-covid boom, Vancouver was a world leader in housing starts. Now that the price has cooled, starts have plummetted, so cons and US-Media are crying out about regulations. But no new regulations exist.